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UK's PHP secures acceptance from 62.9% Assura shareholders, clears path for acquisition
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UK's PHP secures acceptance from 62.9% Assura shareholders, clears path for acquisition
Aug 12, 2025 9:21 AM

Aug 12 (Reuters) - Primary Health Properties ( PHPRF ) said on Tuesday it

had secured acceptances for 62.9% of Assura shares in its takeover bid

for the British healthcare real estate investor.

PHP confirmed that all remaining conditions to its revised $2.4 billion bid

for Assura have now been satisfied, which implies that PHP can now proceed with

the acquisition.

Assura on Friday reiterated its support for PHP's takeover bid, despite

rival suitor KKR urging it to back its competing offer.

The U.S.-based private equity firm and PHP had been locked in a months-long

battle for Assura before its board backed PHP's higher bid in June.

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